38, NEWSHAM WAY, NORTHALLERTON, DL7 8HT - £227,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 NEWSHAM WAY is a very small extended semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £289,425. It was last sold for £227,500 in August 2018, which was around 8% above the average August 2018 semi-detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

38 NEWSHAM WAY Sold Prices

Land registry data shows three sales for 38 NEWSHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Yorkshire local authority area for the corresponding sale date. One of the three 38 NEWSHAM WAY sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 15 AUG	£227,500	£211,257	8% above HPI
2006 13 OCT	£149,950	£182,530	18% below HPI
2005 23 NOV	£155,000	£167,821	8% below HPI

38 NEWSHAM WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 38 NEWSHAM WAY sales between November 2005 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 38 NEWSHAM WAY be worth now?

38 NEWSHAM WAY might now be worth an estimated £289,425.

This is based on house price inflation of 27.2%, between August 2018 and February 2025, for semi-detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for 38 NEWSHAM WAY of £227,500 on 15th August 2018. For the value to have increased from £227,500 to £289,425 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 38 NEWSHAM WAY has moved in line with the HPI for semi-detached houses in the North Yorkshire local authority area.
• The August 2018 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 38 NEWSHAM WAY has not materially changed since August 2018.

How Large is 38 NEWSHAM WAY?

38 NEWSHAM WAY is 83m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of semi-detached houses houses in Romanby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romanby, and where 38 NEWSHAM WAY lies on this distribution: 19% of semi-detached houses houses are smaller than 38 NEWSHAM WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Romanby.

38 NEWSHAM WAY: Plot and Title Map

38 NEWSHAM WAY sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 38 NEWSHAM WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 NEWSHAM WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 NEWSHAM WAY?

38 NEWSHAM WAY is located in NORTHALLERTON, in the DL7 postcode district. The below map shows the position of No. 38 on NEWSHAM WAY.